Recycle-a-bike is a 501(c)(3) organization based in Providence, Rhode Island, registered in 2011, with $117,104 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$117K
▲ 9.1% vs prior year
Public Safety median: $166K
Expenses (FY2024)
$120K
Net assets
$28K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Recycle-a-bike— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Recycle-a-bike: 3 mo reserves · -2% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Recycle-a-bike— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Recycle-a-bike: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $102K (FY2013) to $117K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-2.4%
Spent more than it raised in the latest fiscal year.
Total assets
$31K
Total liabilities
$2,709
Net assets
$28K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $117,104▲9.1% | $119,867▲0.3% | $28,304▼8.9% | $31,013▼15.1% | 990EZ |
| 2023 | $107,306▲33.2% | $119,529▲70.4% | $31,067▼28.2% | $36,535▼18.5% | 990EZ |
| 2022 | $80,575▲246% | $70,136▲67.7% | $43,290▲31.8% | $44,841▲36.0% | 990EZ |
| 2021 | $23,272▼75.6% | $41,821▼53.2% | $32,851▼36.1% | $32,977▼37.4% | 990EZ |
| 2020 | $95,559▼39.6% | $89,296▼28.4% | $51,400▲13.9% | $52,691▲12.1% | 990EZ |
| 2019 | $158,196▲20.5% | $124,756▼10.7% | $45,137▲286% | $47,010▲220% | 990EZ |
| 2018 | $131,275▲4.0% | $139,702▲23.1% | $11,697▼68.7% | $14,689▼63.9% | 990EZ |
| 2016 | $126,230▲48.3% | $113,514▲20.9% | $37,345▲51.6% | $40,644▲62.1% | 990EZ |
| 2015 | $85,094▼0.5% | $93,928▲13.8% | $24,629▼26.4% | $25,071▼26.4% | 990EZ |
| 2014 | $85,549▼15.8% | $82,574▲5.5% | $33,463▲9.8% | $34,086▲11.8% | 990EZ |
| 2013 | $101,610 | $78,288 | $30,488 | $30,488 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Recycle-a-bike totaling $17K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| AARP | Community challenge grant to support aarp's livable communities initiative | 2024 | $16,980 |
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Data for Recycle-a-bike (EIN 27-1157693) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.